Securities Archive » December, 2020

Securities - December, 2020

302 articles

• The Most-Read Legal Industry Guests Of 2020
• The Most-Read Securities Law360 Guests Of 2020
• Convicted Fraudster Asks Justices To Undo $15M Restitution
• 23-Year-Old Crypto Trader Lied To Investors, SEC Claims
• SEC Chair Jay Clayton Formally Exits Amid Year-End Bustle
• How 2020 Changed The Way Companies Go Public
• SEC Urges Blank-Check Companies To Bolster Disclosures
• Roof Co., Compliance Chief Settle SEC Fraud Suit For $2M
• Prudential Unit Pays SEC $18M Over Improper Wrap Fees
• Gov't Seeks $3.8M From Ex-Delta VP Over Insider Trading
• Voya To Pay $23M To End SEC Conflict-Of-Interest Claims
• Google Class Deal In Chancery Muddled By Benefit Math
• Accounting Rules May Spark Next Wave Of Bankruptcy Suits
• Attys Will Get $4.7M In $19M Daimler Emissions Stock Deal
• A Law Firm's Guide To Producing A Podcast
• SEC Says Chemical Co. Deal Talk Sparked Insider Trades
• Investors Slam Inovio's Bid To Duck COVID-19 Vaccine Suit
• SEC Overhauls Marketing Rules For Investment Advisers
• Chancery Orders SoftBank To Produce Emails In WeWork Row
• Ex-Mt. Gox Exchange CEO Can't Appeal In Fraud Suit
• SEC Investment Chief Who Led Key Reg Agenda To Depart
• Del. Judge Nixes Equity Panel For 'Insolvent' Mallinckrodt PLC
• SEC Allows NYSE Cos. To Sell Shares In Direct Listings
• Scheef & Stone To Pay $3M For Role In $80M Fraud Scheme
• SDNY Extends Strauss' Term In Rare Stopgap Measure
• NJ Securities Trader Gets 18 Months For $17M Stock Scheme
• Fed Orders Credit Suisse To Beef Up AML Compliance
• How Corporate Transparency Act Could Benefit Finance Cos.
• 5 Important E-Discovery Trends And Developments In 2020
• SEC Takes Defiant Ripple To Court Over $1.4B In Token Sales
• Securities Standards Setter Chief To Depart In February
• Annual Defense Bill Extends SEC's Disgorgement Shot Clock
• 4th Circ. Affirms Fraud Conviction Of Former W.Va. Justice
• Investment Adviser In Fraud Case Ordered To Return $255K
• SEC Says SiliconSage Targeted South Asians In $119M Fraud
• FinCEN Aims To Fill Crypto Reporting Gaps Despite Pushback
• SEC Says Funds Misused In $1.4M Subdivision Project
• Attys To Get $2.8M In Curo Investor Deal
• Ex-US Rep. Tries To Scuttle Venezuela Oil Co.'s $15M Suit
• Allstate Investors Win Cert. Again In Shoddy-Underwriting Suit
• Trader Admits He Spread Fake Disney, ESPN Rumors To Profit
• House Wish List Hints At Financial Services Priorities
• Ex-Theranos CEO's Fraud Trial Moved To July Due To Virus
• SPACs Should Consider Targeting Bankruptcy Sales
• Exchange Act Amendments Would Bolster SEC Enforcement
• Judges On Race: The Path To A More Diverse Bench
• ​​​​​​​SEC Chief Lauds Foreign Listings Law, Looks Ahead To Rules
• Countrywide, Ambac Spar Over Right To In-Person NY Trial
• SEC Pulls Out All The Stops In Latest Whistleblower Payouts
• Ch. 11 Examiner Will Look At Cred Inc. 'Shenanigans'
• Ex-Stanford Exec's 20-Year Sentence To Remain In Place
• Biotech CEO Charged With Pushing Fake Fast COVID-19 Test
• SEC Delays Decision On Nasdaq's Direct Listing Proposal
• CFTC Official To Join NYSE As Chief Regulatory Officer
• IRS Keeps Wide Reach In Final Executive $1M Pay Cap Rules
• Cohen Milstein, Saxena White Get $4M For Credit Suisse Deal
• High-Level $1B OneCoin Crypto Fraud Suspect Is In Plea Talks
• Judge Says Virus To Blame For Losses, Not TD Ameritrade
• M&T Case Revival Threatens Capital Markets, High Court Told
• A Review Of 2020's Key US Sanctions Developments
• A Look At Contrasting Rules For Excess Insurance Policies
• Taxation With Representation: Freshfields, Wachtell, Simpson
• NY Tax Talk: 2020 In The Rearview
• AML Whistleblower Rewards Law Could Be A Game Changer
• What To Expect From Biden's Financial Regulation Transition
• 9th Circ. OKs Dismissal Of PayPal Investors' Data Breach Suit
• SEC Fines E&Y Member Firm For Role In $3B Homes Scam
• SEC Says Biotech Co. Duped Investors Over COVID-19 Tests
• Ex-Nomura Trader Avoids Jail Time In RMBS Fraud Case
• Kyocera Faces 2 Suits Fighting Alleged $1B AVX Squeeze-Out
• Coinbase Takes Key Step For Public Offering As Crypto Soars
• Fried Frank Guides Brookfield's $835M Manhattan CMBS Loan
• Crypto Investor Cred Inc. Says It's On Track For Ch. 11 Sale
• HK Regulators Push For Stronger Climate Disclosures By 2025
• Atty's Bid To Defeat EB-5 Malpractice Suit Denied
• 2020 White Collar Prosecution And Enforcement Trends
• Priest Seems Destined For Trial In SEC Short-Selling Suit
• Managing CCO Risk Without A Liability Standard From SEC
• 2nd Circ. Won't Review Aluminum Buyers' Cert. Denial
• Time To Prepare For California's New Consumer Finance Law
• Intel Misled Public About New Microchip, Del. Suit Says
• Kessler Topaz To Lead Class In Ideanomics Expo Center Suit
• SEC Fines Robinhood $65M For 'Misleading' Customers
• Top 10 Whistleblowing And Retaliation Events Of 2020
• EU Watchdogs Back Standard Setter For Green Disclosures
• FCA Sets Out MiFID Plan In Case Of No-Deal Brexit
• Exxon Says Mass. AG's Climate Standard Impossible To Meet
• Weil Says Hagens Berman Faked Witness Claims In Stock Suit
• FINRA Fines Cetera $1M For Lapses Spotted First By SEC
• $19.5M Deal To End TechnipFMC Investor Suit Gets Initial OK
• Fiduciary Exemption's Preamble, Rollout Create Questions
• Perkins Coie Nabs 17 Attys From NY Firm, Forcing Rename
• Mallinckrodt Says Market Bodes Ill For Ch. 11 Equity Salvage
• Banks Go Back To Mat Against Odd-Lot Bonds Antitrust Suit
• Insurer Must Cover Fraud Award, Dole Tells Del. Justices
• Proskauer Adds To Litigation Group With Atty From Freeborn
• Ill. Investment Firm Head Gets Probation For Adviser Fraud
• Ex-Theranos CEO, Feds Spar Over Atty-Client Privilege
• Split SEC Approves Leaner Payment Disclosure Rules
• Rosen Law Firm To Lead Consolidated Nikola Investor Suits
• UBS Whistleblower Nabs $1.8M In Atty Fees On $1M Jury Win
• How Climate, Finance And Trade Will Intersect In 2021
• Luckin Coffee To Pay $180M To Settle SEC Fraud Claims
• Tron Wants 'Fatally Flawed' Securities Suit Tossed
• Quest Wants 'Threadbare' ERISA Class Action Tossed
• Tips For Identifying A Culturally Competent Mediator
• Mass. Claims Robinhood 'Targeted' Young, Novice Investors
• Calif. Ruling Offers NDA Compliance Insights For Employers
• 11th Circ. Upholds SEC Subpoenas Tied To Brokerage Inquiry
• DOL Finalizes Fiduciary Exemption Regulations
• Mallinckrodt Stockholders Face Slim Chance Of Ch. 11 Payout
• SEC Says Telecom Company, Finance Exec Inflated Revenues
• Broker Must Give SEC Proceeds From 1 Global Ponzi Scheme
• SEC Trading And Markets Director Redfearn To Leave Post
• Right To In-Person NY Trial Hangs Over $2B RMBS Case
• 2020 Marked By Blockbuster Compliance Cases, Milestones
• GTT Investors Seek $25M Deal Over 'Disaster' Interoute Buy
• Justices' Goldman Review May Finally Offer Class Cert. Clarity
• FINRA Appoints Ex-SocGen CCO As Market Regulation Head
• TD Ameritrade's Recusal Bid 'Shameful,' Ex-Sen.'s Wife Says
• A Look At Spoliation Risk In The 11th Circ., By The Numbers
• Fiat Chrysler Rips Investors' Fraud Claims In UAW Bribes Suit
• Crypto Grifter Gets Year For Role In $36M Centra Tech Fraud
• SEC Pays Rare Compliance-Related Whistleblower Award
• 9th Circuit Affirms No Anti-SLAPP For Atty Libel
• SEC's Green Light On E-Signatures Will Improve Public Filings
• Defunct Bitcoin Exchange Mt. Gox CEO Fights Class Cert. Bid
• Karyopharm Execs Hit With Investor Suit Over Cancer Drug
• Brokerage Slapped With $8M Fine For 'Flying' And 'Printing'
• SEC Targets Two More Men For 1 Global Ponzi Ploy
• Ex-Nomura Trader Deserves 'Substantial' Jail Time, Feds Say
• Ousted Cannabis CEO Renews Suit Against Directors
• Wife Of Bankrupt Developer Fights Interest In €18M Verdict
• Biotech's Former Brass Fights SEC Efforts To Get Court Wins
• SEC Says Exec Leaked Info On $2.6B Tech Advisory Merger
• Firm DQ'd From $1.6M Securities Fraud Suit Over Phone Calls
• Funko Investor Sues In Del. For Docs On $100M Stock Deal
• High Court Passes On Atty's Stock Fraud Appeal, Again
• US Trustee Urges No Financial Filing Extension For Cred Inc.
• Justices Let Convictions Over $18.5M USDA Loan Fraud Stand
• Chile Chemical Co. To Pay $62.5M In Bribery Coverup Suit
• MoviePass Parent Co. Investors Announce $8.25M Settlement
• Ex-MLB Star Hit With $1M Suit By Pot Grow Biz Partner
• Nike Manufacturing Contractor Outruns Investor Suit Again
• SEC's Peirce Blasts Regs That 'Undercut' Personal Liberty
• Supreme Court To Hear Goldman Class Cert. Fight
• Clifford Chance Nabs Securitization Veteran For Its DC Office
• Ameritrade Demands Judge Recusal Over Plaintiff Connection
• Justices Seem Concerned Over FHFA Case Ramifications
• Va. Pastor's Wife Pleads Guilty In $2M Investment Scam
• Taxation With Representation: Simpson, Davis Polk, Cleary
• DOL Finalizes Ban On Socially Conscious ERISA Proxy Votes
• SEC Claims Sequential Brands Concealed Impaired Goodwill
• No Need To Explain Strategy In Doc Demand, Del. Justices Say
• AbbVie As Both Victim And Villain Dooms Kickback Suit
• Blockvest, Founder Ordered To Pay $700K In ICO Fraud Suit
• Names To Watch As Biden Mulls Next SEC And CFTC Leaders
• Ex-Goldman Banker Says Feds Withholding 1MDB Evidence
• Bird & Bird Adds Int'l Disputes Pro To Team In The Hague
• Coronavirus Litigation: The Week In Review
• Ex-Nat'l Lampoon Prez Claims Execs, Attys Bullied Him
• Texas Panel Investor Suit Not Barred By Free Speech Law
• Defense Bill To Usher In New Era For Anti-Money Laundering
• Twitter Investors' Securities Fraud Suit Gets Axed, For Now
• FinCEN Chief Says COVID-19 Crime Reports Must Be Specific
• Pinterest Discrimination Case Highlights Risk Of ESG Pledges
• COVID-19 Concerns Won't Spring Jailed State Street Exec
• SEC Enforcement Chief Avakian To Step Down At Year's End
• CFTC's Tarbert To Step Down As Chairman In 2021
• Libertarian Orgs Back Challenge To SEC Judges In 5th Circ.
• Justices Scrutinize Remedies In FHFA Constitutionality Case
• Valaris Valuation Leads To Ch. 11 Equity Committee Denial
• Florida Attorney Settles With SEC In Opinion Letter Scam
• Ex-Nanotech CEO Accused Of $12.2M Securities Fraud Scam
• Crypto Founder Charged With Evading Taxes On Millions 
• Perrigo Must Share Atty Advice Over $2B Tax Bill, Court Rules
• NY Fund's Climate Move Unlikely To Sway ERISA Plans
• Hagens Berman To Lead Investors' COVID-19 Vaccine Suit
• Debevoise Alum Federal Judge Recuses From SEC Fraud Suit
• SEC To Accelerate And Expand Public's Stock-Market Data
• NYSE Affiliate Hit With $8M SEC Fine Over Pricing Data Flaws
• Santander To Pay Investors $47M Over IPO Statements
• SEC Fines GE $200M To Wrap Accounting Investigation
• COVID-19 Spurs Associates To Think Bigger — Like Partners
• Defendant In $50M EB-5 Fraud Suit Hit With Default, Sanctions
• Agencies' Joint Antitrust Focus May Spur Whistleblower Tips
• This Year's Top 8th Circ. Bankruptcy Decisions
• FTS Pays $9.9M To Settle Shareholder's Claim It Lied In IPO
• Investors Say Pot Sales Software Company Owes $1M
• Ex-CFTC Enforcement Head To Join Sullivan & Cromwell
• Faruqi & Faruqi Replaces Pomerantz In Allergan Suit
• Ex-Barclays Traders Lose Appeal Of Rate-Rigging Conviction
• 3D TV Tech Co.'s Assets Can Be Turned Over, Chancery Says
• 3 Firms Seek To Lead Royal Caribbean COVID-19 Stock Row
• Objector Challenges Bernstein Litowitz's $11M Fee At 7th Circ.
• SEC Asked Why Convicted State St. Exec's Deal Lacks A Fine
• CFTC OKs Electronic Trading Rules, Revises Bankruptcy Code
• SEC General Counsel To Leave Agency In January
• Xilinx Investor Sues To Stop $35B Semiconductor Merger
• FBI Chief Wants Banks' Help Fighting COVID-19 Scams
• Ex-BigLaw Atty Fights $393M Forfeiture Bid In OneCoin Case
• Cheesecake Factory Penalty Signals Shift In SEC Virus Focus
• HSBC Bank Settles Gold Price-Fixing Class Action For $42M
• GCs Are Uniquely Qualified To Lead Diversity Initiatives
• Hedge Fund BlueCrest To Pay $170M Over SEC Claims
• Bernstein Liebhard, Thornton Aim To Lead Xerox Spinoff Suit
• Former Sen. Paul Sarbanes, Co-Writer Of SOX, Dies At 87
• Ex-Theranos CEO Claims Doc Privilege Via Boies Schiller
• Feds Say Ex-Goldman Banker Can't Shake 1MDB Charges
• Zoox Investors Seek Stock Appraisal In $1.3B Amazon Deal
• FTC Says Stock Tip Site Raging Bull Really A Fraudulent Bear
• Chancery Asked To Determine Silver Mining Firm's Brass
• SEC Tells Justices Not To Hear Challenge To In-House Judges
• Pot Biz Tilray Wants Investor Suit Over $180M Writedown Axed
• Tile Shop Can't Tap Excess Policy For Investor Suit Deal
• Alaska Pebble Mine Proponent Accused Of Stock Fraud
• 8th Circ. Clears Insurer From Shareholder Suit Settlement
• US Trustee Wants Outsider To Take Over Cred Inc. Ch. 11
• 3 Ways Defendants Can Nip Civil RICO Claims In The Bud
• DOJ Crypto Framework Signals Escalating Enforcement
• Securities Group Of The Year: Sullivan & Cromwell
• Judges On Race: Reducing Implicit Bias In Courtrooms
• Fidelity Trial Wraps With Judge Questioning VP's Credibility
• Investors Say Cannabis Entrepreneur Bilked Them Of $6M
• SEC Approves Long-Awaited Revamp To Fund Valuation Rules
• SEC Fights CEO's Bid To Ax Judge Who Worked At Debevoise
• NY Appeals Court Makes 1st Post-Cyan Securities Act Ruling
• Investors Ask For Quick Win In $250K Hemp Co. Fraud
• High Court Headlines Biggest ERISA Rulings Of A Busy 2020
• Wine Investor Takes $29M Award Fight To High Court
• Crypto Co. Status Research Seeks Nix Of Securities Suit
• What We Learned From First Pandemic M&A Ruling In Del.
• Real Estate Rumors: Banesco, Morgan Stanley, Greybrook
• Financial Lobby Calls For 'Mandatory' Climate Disclosures
• PNC Bank Settles With EB-5 Investors In Fla. Hotel Fraud Suit
• Pomerantz To Co-Lead Honeywell Investors' Asbestos Suit
• Taxation With Representation: Wachtell, Latham, Wilson
• Hunton Andrews Adds Insurance Partner From Perkins Coie
• AMC Announces 200M Share Offering To Stave Off Ch. 11
• Tougher Oversight Looms For Hedge Funds Investing In PIPEs
• CFTC's Top Cop Says Cooperation Sends 'Powerful Message'
• Feds Urge 2nd Circ. To Reinstate Platinum Convictions
• Securities Group Of The Year: Robbins Geller
• 2nd Circ. Affirms Penny Stock Broker's $12M SEC Fine
• UK Litigation Roundup: Here's What You Missed In London
• Cheesecake Factory Settles Claims It Hid COVID-19 Finances
• Good Disclosure Requires More Enforcement, SEC Panel Told
• Robbins Geller Says Bernstein Litowitz Hire May Pose Conflict
• 3rd Circ. Won't Revive Suit Over $360M Lionbridge Deal
• Coronavirus Litigation: The Week In Review
• Health Insurance Co. Settles Investors' Scam Suit For $11M
• Hemp Co., CEO Agree To Settle SEC Suit Over Alleged Fraud
• NY Appeals Court Unpauses IPO Suit Against Lender Qudian
• SEC's 'FinHub' To Become Stand-Alone Office Within Agency
• SEC Nets $9.8M From AWOL Sanofi Insider Trading Suspect
• SEC Taps Nelson Mullins Partner To Lead Atlanta Office
• Vivus Cleared For Amended Ch. 11 Plan With Drug Royalties
• Glancy To Fight Kids Cartoon Co. In 'Fear Of Missing Out' Suit
• Cerner ERISA Suit Trumped By Previously Filed Case
• Outlook For Digital Assets May Improve In 2021
• Tech Co. Execs Seek Toss Of Investors' Derivative Suit
• Navigating Atty Relationship Conflicts That May Imperil Cases
• Securities Group Of The Year: Paul Weiss
• SCANA Inks $137.5M Deal To Exit SEC's Nuke Plant Fraud Suit
• Energy Trader Vitol To Pay $163M For FCPA Misdeeds
• Waller Confirmed To Fed Board As Other Trump Pick In Doubt
• Molson Coors Cans Investor Suit Over Tax Filings For Good
• EQT Must Face Investor Suit Over $6.7B Merger, Judge Says
• Ex-JPM Trader Wins Bail As 2nd Circ. Mulls Antitrust Question
• 6 Firms Eye Lead In Aurora Cannabis Investors' Suit
• Bill To Boot Chinese Cos. From US Exchanges Sent To Trump
• Theranos Judge Says Virus Won't Delay Ex-CEO's March Trial
• Brokerage Says US Bank Can't Escape $5M Tribal Fraud Suit
• Del. Attys Seek $11.3M Fee For $310M Google Workplace Deal
• Two Microcap Firms Allege Scheme To Steal Clients
• Bernstein Litowitz Attys Fight Sanctions Bid In Stericycle Case
• Ex-KPMG Exec's No-Prison Sentence Caps Accounting Probe
• FINRA Fines Barclays $650K Over Flawed Trade Reporting
• Norton Rose Nabs Skilled Deals Partner For Houston Office
• 1st Convicted Spoofer Says Atty Conflicts Warrant New Trial
• Disbarred NY Atty, Fla. Lawyer Indicted In Opinion Letter Scam
• 'Brazen' JPMorgan Hacker Deserves Up To 19 Years, Feds Say
• Securities Group Of The Year: Latham
• And Now A Word From The Panel: MDL Nostalgia
• Chinese Investors Reach Deal In $50M Project Fraud Suit
• How Mediators Can Help Parties Overcome Emotional Barriers
• Post-Election Financial Services Regulatory Outlook
• SEC Rift In Spotlight As Calls For ESG Disclosures Grow
• Nasdaq Pushes For More Board Diversity, Disclosures
• Levi & Korsinsky, Glancy Vying To Rep PinTec IPO Investors
• FY 2020 Was CFTC's Most Active Enforcement Year To Date
• Yelp Execs Lose Bid To Nix Shareholder Suit Over Ad Woes
• Ex-HSBC Forex Exec Seeks To Skirt Prison In Light Of Virus
• Ex-JPM Forex Rigger May Get Prison Put Off By 2nd Circ.
• Ex-Worker To Pay $400K To End Tesla 'Saboteur' Feud
• Pinterest Shareholders Sue Over Discrimination Claims
• Zohar Approved For $45M Sale Of Pittsburgh Copper Co.
• Libra Calls Rebrand To Diem A 'New Day' For Crypto Initiative
• Campbell Soup Beats Investor Suit Over Financial Outlook
• Securities Group Of The Year: Cohen Milstein
• Judging A Book: Wardlaw Reviews 'Hamilton And The Law'
• Forex Rigger OK'd To Use Docs In Investor Damages Suit